166 2nd Financial Services
Adam Neumann's Single Family Office · New York, New York
$700M estimated AUM
AUM figures are estimates compiled from public sources. How we source our data.
About 166 2nd Financial Services
166 2nd Financial Services is the New York–based single family office of WeWork co-founders Adam and Rebekah Neumann, established in 2019 to manage the wealth Adam Neumann built after co-founding WeWork in 2010. Assets are estimated by third parties at around $700M, though the office has been reported to have deployed a larger sum across its investments. It invests in real estate, fintech, proptech, crypto, and health-tech businesses, with a portfolio weighted toward multi-family real estate alongside venture holdings. The family office is led by former Soros Fund Management executive Ilan Stern, who serves as chief investment officer. The office is named for an apartment where Neumann once lived with his wife, Rebekah.
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Frequently Asked Questions
What is 166 2nd Financial Services?
166 2nd Financial Services is a single family office associated with Adam Neumann, based in New York, New York.
Where is 166 2nd Financial Services located?
166 2nd Financial Services is based in New York, New York.
How much does 166 2nd Financial Services manage?
166 2nd Financial Services is estimated to oversee approximately $700M in assets. As a private family office it files no public AUM disclosures, so figures are third-party estimates compiled from public sources.